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CRYPTOCURRENCY-Bitcoin falls steeply to 54,000-dollar level

The price of Bitcoin fell steeply to the 54,000 dollars level, after hitting the new record high of  61,683.86-dollar level on Saturday, on fresh corporate purchases, after the news on India's possible law banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets.

NEWS IN ENGLISH 16.03.2021, 11:38
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CRYPTOCURRENCY-Bitcoin falls steeply to 54,000-dollar level
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Bitcoin decreased by 9.38 percent in the last 24 hours to 54,562.65 dollars, after fluctuating between 53,555.03 and 59,840.75 dollars, while the weekly gain of the currency was calculated at 1.42 percent. Bitcoin's total market volume was at 1.0 trillion 19 billion dollars.


With increasing corporate purchases, the total market capitalisation, which exceeded the 1.5 trillion dollar limit for the first time in history on February 15, was at 1.68 trillion dollars in the early hours of Tuesday.


While the value of 79 units decreased from the highest volume of 100 units in the last 24 hours in the crypto money markets, eight of the top 10 units were among those that fell.


Bitcoin accounted for 60.8 percent and Ethereum for 12 percent of the total market volume in 36,428 markets where 8,800 cryptocurrencies were traded, while the 24-hour trading volume in all markets was at 161 billion dollars.
 

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